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GELNDALE, CO- The number of chapters of the American Society of Farm Managers and Rural Appraisers releasing Land Trends reports has grown as has the demand for them.    Full Releas
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ASFMRA Comments to ASC Regarding TriStar Waiver Request ASFMRA President Dave GaNun, ARA submitted comments to the Appraisal Subcommittee regarding its upcoming hearing to determine whether to waive certification and licensing appraisal requirements in Tennessee based on the request from TriStar bank of Nashville, TN. The ASC hearing is set for April 23rd, in Washington D.C.  ASFMRA Comment Letter TriStar Waiver Request More News: House Agriculture Committee Releases 2018 Farm Bill draft HR 2 Crop Insurance Provisions Farm Managers Touch Land, Lives, Legacies Bayer Reaches Deal with U.S. for Deal to Buy Monsanto Good Decade ...
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4 Drags on Farmland Values The average value of farm real estate increased by 47% between 2009 and 2017, according to the 2018 U.S. Baseline Outlook compiled by Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri. Average U.S. farmland values are expected to soften over the next decade. Analysis from FAPRI shows the average value of farm real estate to decline slightly—to $3,002—between 2017 and 2021. What is keeping farmland prices under pressure? Here are four key factors to watch. The Four Factors More News: How do Agricultural Economists View Possible Trade War? Farmland Sale Snapshot: 3 Recent Sales ...
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FY 2018 Appropriations Finally Completed Even though Fiscal Year (FY) 2018 started on October 1, 2017, Congress just completed, and President Trump signed, the FY 2018 omnibus appropriations bill in late March. The $1.3 trillion spending bill funds the government through the end of September 2018. The bill passed both the House and Senate with bipartisan support (256 – 167 and 65 – 32, respectively, see roll call links below). The omnibus bill contains no provisions detrimental to crop insurance, commodity, or conservation programs. The bill formerly authorizes the reorganization of USDA proposed by the Trump Administration with the creation of the office ...
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FOR IMMEDIATE RELEASE March 28, 2018 Contact: Bill Shannon Tel: (870)-933-9700 bshannon@farmersnational.com   JONESBORO, AR- What is happening with farmland values and a general overview of agriculture in the Mid-South is the subject of a totally new publication, Mid-South Land Values and Lease Trends Report, just released by the Mid-South Chapter of the American Society of Farm Managers and Rural Appraisers.   “This is a critical report for anyone wanting information on trends in land values and lease trends,” says Jon Plafcan, ARA, AgHeritage Farm Credit Services, Lonoke, AR and current president of the Mid-South Chapter. “The information ...
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Five High-Tech Farming Trends What one generation sees as a luxury, the next sees as a necessity," said Anthony Crosland, British Labor Party politician and author, in his most cited sentence. History has shown this to be true: One need not look further than cell phones, televisions, hand-held devices and computers, for starters. Then look at how living conditions and diets have changed, as societies have become more affluent. Dr. Lowell Catlett, a popular speaker and retired regents professor and dean emeritus from New Mexico State University, says achieving significant increases in meat production will require “continued applications of new and emerging ...
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Market Staying Stable The farmland market across Iowa remains stable. With spring near, farmers are busy in the fields, which marks the end of the traditional farmland “sales season” of September to March. During this sales time, most farms on the market sell. With crops harvested, seeing a parcel of land is much easier. Also, in winter when most farm leases have expired, the sale process is less encumbered. Farmland sales do occur year-round — just not as many during the growing season as the off-season. The highest-quality farms from a production standpoint (highly productive soils, good fertility and drainage) continue to sell well and outperform those ...
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​ FOR IMMEDIATE RELEASE Contact: Jaleen W. Edwards, (303) 692-1227, jedwards@asfmra.org March 19, 2018 - The American Society of Farm Managers and Rural Appraisers® (ASFMRA®), AgPro magazine and Syngenta are now accepting nominations for the 2018 Farm Manager of the Year Award. Visit www.farmmanageroftheyear.com to nominate an individual or team.   The Farm Manager of the Year Award recognizes farm managers whose dedication and commitment to agriculture has benefited their clients, the American consumer and our most precious commodity – the land. Since 1986, ASFMRA, AgPro and Syngenta have worked together to recognize an outstanding farm manager ...
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Prices Low, Times Tough, but Not Repeat of 1980s Prices are down and times are tough for farmers and ranchers, but this is not a rerun of the 1980s and isn’t likely to turn into a full-blown crisis, Clark Jackman, regional vice president for the southeast region of Kansas Frontier Farm Credit told an overflow crowd attending a WIBW Radio Farm Profit Conference in Melvern, Kan., on March 7. Jackman pointed to very low interest rates, stable land values and strong farm balance sheets in terms of debt ratio as positive signs that farmers will weather the current market downturn. That’s not to say there are not farmers in big trouble — with some even exiting ...
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USDA: Farmland Values Rise If you bought U.S. farmland from 2000 to 2016, the land most likely is worth more now than what you paid for it. But economic returns to the farmland don't justify its current price, suggesting that "a decline in values is possible." Those are among the conclusions of "Farmland Values, Land Ownership, and Returns to Farmland, 2000-2016," which recently was released by the U.S. Department of Agriculture's Economic Research Service. Read More More News: Farm Bill Finish in 2018 Dwindles as Months Tick On House Agriculture Committee Approves FY 2019 Budget Letter Northey Confirmed by Senate Senate to Consider ...
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The 2018 Illinois Farmland Values and Lease Trends Report is here! Make sure you get your copy!    Order Her
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Fewer Acres Are Being Farmed Where will the next survey take us? Every five years, the U.S. Department of Agriculture conducts the National Agricultural Statistics Service, a survey of farming across the county. The study includes information ranging from the number of farms in each county and state to the number of acres in production and the market values of those farms and their crops. The 2012 is the most recent study where we can see the results, but the USDA recently completed the survey of the country's farmers for the 2017 version. Once all that data is sorted, the new report likely won't come out until spring of 2019. Full Story More News: ...
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The need for young professionals in ag is high.  But, how do you overcome the   stereotypes  associated with your age?      With the the average age of ag professionals rising every year the need for young professionals in the industry is high.  That should work in your favor, right?  Not always.   The millennial generation, those born between 1982 and 2002, tend to face hefty stereotypes at work,whether deserved or not.   Even w hen you type "millennial" into google the first search options that pop up  after you type  millennial's are: "lazy" and "entitled".  So how do you overcome those stereotypes?   Here are some common ...
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Resume Writing 101

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With only 3 months left of school now is the time to be looking ahead at summer jobs and internships.  Having a well crafted resume is an essential part of the application process.  Here are some tips on how to write a good resume: 1) Keep it clean.    Give your resume a sharp format that is easy to read.  Keep the margins wide, use bullet points to highlight major accomplishments, don't use a crazy font and use bold and italicized fonts sparingly (only to lead the reader).  Make sure you proofread it for errors. 2) Quantify your accomplishments.   Why was this accomplishment important?  Use numbers and percentages to show specific quantities ...
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'Downward pressure': Farmland Rental Rates Flat or Down If you ask a farmer, agricultural economist, ag banker or ag real estate agent about Upper Midwest farmland rental rates, the response probably will include two words: "Downward pressure." By all accounts, poor crop prices and marginal farm profitability are pushing down what farmers will pay to rent farmland. As a result, most farmland rental rates negotiated this winter "are flat or going down" from what they had been, says Noah Hultgren, a Willmar, Minn., farmer and real estate agent. Learn More More News: Congress Resolves Budget Impasse, Provides Disaster Payments, Changes Cotton/ ...
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Farmers Predict Stable Land Values Optimism about farmland prices is ticking up for farmers. That’s according to the Purdue/CME Group November 2017 Ag Economy Barometer by Purdue University’s Center for Commercial Agriculture. The monthly survey polls 400 U.S. producers to gauge the health of the ag economy. “A record-low number of producers—only 17%—indicated they expect lower farmland values in the year ahead,” says James Mintert, director of Purdue University’s Center for Commercial Agriculture. “We also had a modest uptick of farmers expecting higher farmland values. People are becoming more optimistic, or at least less pessimistic, about what’s ...
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Reviewing the State of the Farm Bill: Perspective from Spending Looking ahead to potential farm bill reauthorization this year also presents opportunities to review the 2014 Farm Bill. One of the key issues surrounding the last farm bill was the Congressional focus on reducing Federal spending. As such, this article compares updated reports and estimates of spending (outlays) compared to what was expected from the bill when Congress passed it. The comparisons are based on the Congressional Budget Office, using their forecasts and projections (CBO). Read More More News: USDA Unveils New On-line Tool for Farmers WOTUS Applicability Date ...
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January 29, 2018 Fargo, ND – The North Dakota Chapter of the American Society of Farm Managers and Rural Appraisers (ASFMRA) has released their 21st Annual Agricultural Land Price and Cash Rent Survey. Thirty-four land professionals across the great State of North Dakota contributed land sales and rental data to this year’s report.  The report includes reported data from actual 2017 land sales and new or existing (multi-year) cash rental contracts. High and low cropland, pasture, and cash rent by county are provided on a per acre basis.  The statistical mean (or average) and median is calculated for reported cropland and pasture prices. Report readers ...
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Why Isn't Land Cheaper? Agriculture has suffered through four years of lower commodity prices and reduced profitability in the farm sector. So why don’t land prices reflect this? The short answer: It’s because farmers and investors keep buying land. Farm operators continue to be the primary buyers at land auctions, says Brad Hayes, lead appraiser for Peoples Company, Clive, Iowa. In addition, there are numerous investors and individuals with 1031 exchange funds who are active participants at land auctions, he explains. Keep Reading More News: SCOTUS: WOTUS Challenges Will be Heard in District Courts Farm Bill Reform Would End "Dishonest" ...
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Land Price & Cash Rent Survey Disclosure Data include January 1, 2017 to December 31, 2017 agriculture land sales and cash rent contracts. Minnesota 2017 Land Value & Cash Rent Surve
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